Exchange Traded Concepts LLC Takes $802,000 Position in Reynolds Consumer Products Inc. $REYN

Exchange Traded Concepts LLC bought a new stake in Reynolds Consumer Products Inc. (NASDAQ:REYN) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 34,994 shares of the company’s stock, valued at approximately $802,000.

Several other hedge funds have also recently added to or reduced their stakes in REYN. AQR Capital Management LLC boosted its stake in Reynolds Consumer Products by 163.3% in the 3rd quarter. AQR Capital Management LLC now owns 4,951,190 shares of the company’s stock valued at $121,156,000 after buying an additional 3,071,015 shares in the last quarter. SG Americas Securities LLC raised its stake in Reynolds Consumer Products by 1,210.2% during the fourth quarter. SG Americas Securities LLC now owns 1,464,674 shares of the company’s stock worth $33,570,000 after acquiring an additional 1,352,881 shares in the last quarter. Jane Street Group LLC lifted its holdings in shares of Reynolds Consumer Products by 858.3% during the second quarter. Jane Street Group LLC now owns 1,204,840 shares of the company’s stock valued at $25,808,000 after acquiring an additional 1,079,116 shares during the period. Gotham Asset Management LLC lifted its holdings in shares of Reynolds Consumer Products by 182.2% during the third quarter. Gotham Asset Management LLC now owns 1,558,361 shares of the company’s stock valued at $38,133,000 after acquiring an additional 1,006,051 shares during the period. Finally, Ameriprise Financial Inc. boosted its stake in shares of Reynolds Consumer Products by 3,783.5% in the 3rd quarter. Ameriprise Financial Inc. now owns 749,982 shares of the company’s stock valued at $18,352,000 after purchasing an additional 730,670 shares in the last quarter. Institutional investors and hedge funds own 26.81% of the company’s stock.

Wall Street Analysts Forecast Growth

REYN has been the topic of several analyst reports. Zacks Research lowered shares of Reynolds Consumer Products from a “hold” rating to a “strong sell” rating in a report on Wednesday, February 11th. Weiss Ratings restated a “hold (c)” rating on shares of Reynolds Consumer Products in a research report on Wednesday, January 28th. UBS Group upped their price objective on shares of Reynolds Consumer Products from $25.00 to $26.00 and gave the stock a “neutral” rating in a research note on Thursday, February 5th. Canaccord Genuity Group dropped their price objective on shares of Reynolds Consumer Products from $27.00 to $24.00 and set a “hold” rating for the company in a report on Monday, January 26th. Finally, Royal Bank Of Canada cut their target price on shares of Reynolds Consumer Products from $28.00 to $25.00 and set a “sector perform” rating for the company in a research note on Thursday, February 5th. One research analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $25.43.

Reynolds Consumer Products Stock Performance

Shares of Reynolds Consumer Products stock opened at $21.17 on Friday. The firm has a fifty day moving average of $22.61 and a two-hundred day moving average of $23.48. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.92 and a current ratio of 1.93. The stock has a market capitalization of $4.46 billion, a price-to-earnings ratio of 14.70 and a beta of 0.61. Reynolds Consumer Products Inc. has a 52 week low of $20.69 and a 52 week high of $26.25.

Reynolds Consumer Products (NASDAQ:REYN) last posted its quarterly earnings results on Wednesday, February 4th. The company reported $0.59 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.60 by ($0.01). The company had revenue of $1.03 billion during the quarter, compared to the consensus estimate of $1.01 billion. Reynolds Consumer Products had a return on equity of 15.86% and a net margin of 8.09%.The firm’s revenue for the quarter was up 3.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.58 earnings per share. Reynolds Consumer Products has set its FY 2026 guidance at 1.570-1.630 EPS and its Q1 2026 guidance at 0.230-0.250 EPS. As a group, equities research analysts predict that Reynolds Consumer Products Inc. will post 1.66 EPS for the current year.

Reynolds Consumer Products Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, February 27th. Stockholders of record on Friday, February 13th were given a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 4.3%. The ex-dividend date was Friday, February 13th. Reynolds Consumer Products’s payout ratio is presently 63.89%.

Insider Activity at Reynolds Consumer Products

In related news, Director Rolf Stangl purchased 4,705 shares of the stock in a transaction dated Wednesday, March 18th. The stock was bought at an average cost of $21.06 per share, with a total value of $99,087.30. Following the purchase, the director directly owned 39,537 shares in the company, valued at $832,649.22. The trade was a 13.51% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this link. 0.15% of the stock is currently owned by company insiders.

Reynolds Consumer Products Company Profile

Reynolds Consumer Products, Inc (NASDAQ: REYN) is a leading North American manufacturer and marketer of household consumer products. The company specializes in food storage and cooking solutions, including aluminum foil, plastic wrap, food storage containers and disposable tableware. Its core portfolio features well-known brands such as Reynolds Wrap aluminum foil, Hefty storage containers and trash bags, and Fastfold paper plates.

The company operates through a network of manufacturing and distribution facilities across North America, Latin America, Europe and the Asia Pacific region.